Tag: R11

REGIONAL EMPLOYEES PERCEPTIONS ON DECENT WORK AND ECONOMIC GROWTH: LABOUR MARKET OF ALBANIA AND KOSOVO

Filipos RUXHO

Professor Ass. Dr., Department of Business and Management, Universum College, Kosovo.

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal

ladias@rsijournal.eu

Ali TAFARSHIKU

Deputy Minister, Ministry of Regional Development of Kosovo.

ali.tafarshiku@rks-gov.net

Edib ABAZI

Professor Ass. Dr., Department of Law, Social and Political Studies, Universum College, Kosovo.

edib.abazi@universum-ks.org

Corresponding Author

Abstract

This research paper is a continuum of our previous research that aimed to identify key perceptions of targeted employees towards decent work and economic growth in labour market of Albania and Kosovo. The key components of SDG 8 – economic growth, basic living costs, equal treatment, safety and security at workplace, and integrity and wellbeing are measured. The questionnaire is used for the study purposes of the research.  The sample consists of 350 respondents. Findings reveal that there are alarming differences on perceptions of respondents in terms of decent work between two regional labour markets. The labour market in Albania suffers from weak treatment of employees at workplace; ensuring safe and secured working environment and low promotion of wellbeing and integrity of employees in workplace. The dimension of economic growth and basic living cost is of concern for both labour markets. Consequently, it is strongly recommended that both states address decent work in labour markets of Albania and Kosovo with priority. State instruments shall be enforced to closely cooperate with employee’s organizations and syndicates and work on elimination of core barriers that disable employees to feel equally treated at workplace, or safe and secured at workplace or having their integrity and wellbeing protected so that quality of working environment improves and involvement and productivity of employees grows.

Keywords: abour market, economic growth, decent work

JEL classification: J30, J40, R10, R11, R23, O10

 pp. 13-23

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INTERRELATIONSHIPS BETWEEN HUMAN CAPITAL AND INTELLECTUAL CAPITAL: EVIDENCE FROM THE PANEL OF HIGH-INCOME AND LOW AND MIDDLE-INCOME GROUPS OF THE WORLD

Imran HUSSAIN

Department of Economics, Vidyasagar University, Midnapore, India,

imranhussaingrp@gmail.com

Ramesh CHANDRA DAS

Department of Economics, Vidyasagar University, Midnapore, India,

ramesh051073@gmail.com

(corresponding)

Aloka NAYAK

Department of Economics, Vidyasagar University, Midnapore, India

aloka.nayak21@gmail.com

Abstract

The competitiveness in production sector is increasing significantly due to the openness of the economies in the world. Importance of intellectual capital (IC) thus has been mounting continuously and human capital formation (HCF) is considered as the main source of it. IC, an advanced version of human capital, is formed by the efforts upon research and development (RD) activities. It is a natural question whether HCF helps in the formation of intellectual capital in the countries of different status. Under the backdrop, the study examines the long-term relationship between intellectual capital and HCF in case of some countries from the high-income group (HIG) and low and middle-income group (LMIG) during the period of 1998 to 2018. It employs panel unit root, panel cointegration and panel causality techniques for examining the long run associations and short run dynamics between human capital and intellectual capital for the two groups of the economies. The findings of the study show that long-term association exists between these two forms of capital for both the panels of high and low and middle-income nations. But the short-run causal interplay works in high-income group only where human capital formation is making a cause to the intellectual capital formation. A one-unit increase in the change of HCF at period t-1 results in a 0.05 unit rise in the change of current year intellectual capital in the high-income group. The governments of the countries are suggested to make more human capital formation via increasing expenditures on both education and health sector to assure more intellectual capital.

Keywords: Human capital, intellectual capital, growth, panel cointegration, panel causality, high and middle income countries

JEL classification: R10, R11, O30, C33

 pp. 107-122

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THE LOGISTIC DRIVERS AS A POWERFUL PERFORMANCE INDICATOR IN THE DEVELOPMENT OF REGIONAL COMPANIES OF KOSOVO

Filipos RUXHO

Professor Ass. Dr. , Department of Business and Management, Universum College, Kosovo,

filip.ruxho@universum-ks.org

Christos Ap. LADIAS

Professor, Regional Science Inquiry Journal

Ladias@rsijournal.eu

Abstract

Regional companies in Kosovo operate in challenging economic conditions that hinder their ability to survive and develop. However, the management of logistics supply chain managers can increase their performance and help in their further development. The main purpose of this research is to investigate whether the management of logistics supply chain drivers can serve as a formal predictor and driver of the development of regional companies in Kosovo. The study aims to help Kosovo’s regional companies in a formal and independent way to integrate with supply chains, increasing their performance and development amid the difficult economic conditions in which they operate. The research approach and method is based on a quantitative survey conducted among 103 regional companies of Kosovo. Data was analyzed using descriptive statistics and hypotheses are tested using Pearson Correlation Coefficient. The results of the statistical analysis showed that the management of the six logistics drivers of the supply chain affects the increase in the performance of regional companies. It is mainly influenced by the information logistic driver, compared to other drivers, it turns out that over fifty percent of the respondents believe that the information logistic driver is the most important, followed by the next driver with sixteen percent transport, twelve percent facilities, nine percent resources, seven percent inventory and only one percent price. From the analysis of the questionnaire data, the importance and quality of road transport in the performance of regional companies was clearly highlighted. Implications and managerial practices of this research will serve as an aid to policy makers and institutions when designing development initiatives for regional infrastructure, economic zones and locations.

Keywords: logistic drivers, regional development, inventory, transportation, information

JEL classification: R10, R11, R40, R58, M10

 pp. 95-106

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